ALLENDALE, N.J.–(BUSINESS WIRE)–Stryker’s Spine division today announced the acquisition of the SafeWire product portfolio, including the Y-Wire guidewire and Tiger Jamshidi Needle Family for use in minimally invasive spine surgery. The acquisition is highly complementary to Stryker’s current spine product portfolio and is aligned with the Spine division’s strategy of expanding its product offering for minimally-invasive spine surgery.
COOPER CITY, FL. Sept 15, 2014 – SafeWire, Inc. a medical device company focused on improving minimally invasive spine surgery, announced today the introduction of its TigerTM Pedicle Access Needle family.
Building upon the award winning Y-Wire® anchoring guide wire for percutaneous spinal pedicle screw delivery, the TigerTM Pedicle Access Needle family features patented platform technology designed to increase the accuracy and ease of MIS pedicle access. It provides surgeons with unparalled control of pedicle access needle advancement, measured and adjustable guide wire deployment, streamlined pedicle preparation, and atraumatic mechanical access needle removal. Four different models ensure a fit with surgeons’ varying needs for control, efficiency and speed
Safewire, LLC (Cooper City, FL) selected Flambeau Medical Markets Group to produce the company’s Tiger Needle family of advanced percutaneous pedicle access devices. The Safewire development team interviewed approximately one dozen manufacturers with the required expertise to produce the product. “What stands out about Flambeau is its spirit of entrepreneurship. It understands the needs of a high growth company competing in the Medtech industry,” commented Safewire’s CEO Wyatt Geist.
Stanmore Medical Investments is pleased to announce that Safewire, a Medvest Fund One portfolio company, was an industry sponsor for the 4th Annual One Spine Residents and Fellows Course at the prestigious Swedish Neuroscience Institute in Seattle, WA, held over the weekend of August 16-18. In collaboration with renowned faculty, Safewire provided training in the principals of minimally invasive spine surgery to an international group of senior surgical residents and spine fellows.
West Palm Beach Florida – Stanmore Medical Investments (“SMI”) is pleased to announce it closed a transaction today in which Medvest Fund One invested $1.1 million for newly issued common membership units from Safewire LLC. The deal is the first transaction closed by SMI on behalf of the current Medvest Fund. It is consistent with the Fund’s allocation strategy among medical device operating companies and other healthcare related early stage ventures. Continue Reading